The latest price adjustment marked the second hike in a row since late April. The retail price of biofuel E5 – RON92 increased by VND1,490 to VND28,950 (US$1.26) per liter and RON95 by VND1,550 to a new record of VND29,980 ($1.30) per liter, respectively, from 3:00 pm today [May 11]. The move came following the […]
Read MoreTransport companies from Cambodia and Vietnam have agreed to increase cooperation in connection, coordination, and import-export procedures to further strengthen transportation between the two countries. Members of the Cambodian Logistics Association and Deputy Director of the Department of Import and Export Issued by the Ministry of Industry and Trade, the Vietnamese Ambassador to the Kingdom […]
Read MoreReopening the economy is key to keeping the strong inflow of FDI into economic sectors. Vietnam’s policy of opting for high-quality FDI projects has started yielding strong results despite the severe impacts of Covid-19 on the global economy, said Vice Minister of Construction Nguyen Van Sinh. Sinh made the comments while introducing the ministry’s January-March report […]
Read MoreIncreasing productivity must be considered an important basis for calculating wage increases for workers, not just based on the CPI. Hanoi-based Thai Binh Duong Co., Ltd, which runs a factory in Dong Van Industrial Park I in Ha Nam province, said that previously, it employed 80 workers to manufacture 200 sets of telecom and fiber […]
Read MoreCigarettes, beer, and spirits in Vietnam will be subject to an increased special consumption tax (SCT) Cigarettes, beer, and spirits in Vietnam will be subject to an increased special consumption tax (SCT) aiming to improve community health and tackle the national budget deficit as part of a comprehensive tax reform strategy for 2030. Alcohol and […]
Read MoreThe Vietnam Association of Foreign Invested Enterprises (VAFIE) released an annual report on foreign investment in Vietnam last year at a meeting in Hanoi on May 10. The Vietnam Association of Foreign Invested Enterprises (VAFIE) released an annual report on foreign investment in Vietnam last year at a meeting in Hanoi on May 10. The […]
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Thailand
